You Asked, Mike Answered

Answers to Some of the Most Common Questions About Gold, Silver, Investing and the Economy


Mike Maharrey Mike Maharrey
Midweek Memo
April 2nd, 2025 Comments

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You folks ask a lot of questions.

Well, Mike has a lot of answers!

And he guarantees they will be the correct answers or your money back!

It's back to the basics this week on the Midweek Memo podcast as host Mike Maharrey answers some of the most common questions he's asked about gold, silver, investing, and economics.

Mike kicked off the show by reminiscing about the endless questions his kids posed when they were little. He said his kids' favorite question was asked in the car. 

"The question was, 'How much longer?' Now, it didn't matter how far into the trip we were, this question always came very quickly. We might not even be out of the neighborhood yet, and one of those kids is asking, 'How much longer? How much longer till we get there? When are we going to get there? How much longer?' And so my wife at the time, we came up with kind of an amusing way to deal with this question, we would just answer 20 minutes. Didn't matter how much longer it was actually going to be, we always said 20 minutes... But my kids are grown now, and I'll be honest, sometimes I actually miss those dumb questions.

"Life is a little bit different these days, but not much, because I still get the same questions over and over again. I just get 'em from different people. Of course, it's not the same person asking the same question over and over again. But I do get a lot of the very same question from a lot of different people when it comes to the work I do here at Money Metals. So, I thought today that I would take a little bit of time and do an 'Ask Mike Anything' show and cover some of the precious metals questions and economics questions that I do get over and over again - kind of the frequently asked questions of Mike."

Before delving into the question, Mike talks a little about gold eclipsing $3,100 an ounce. That dovetails into the first quesion.

Are you surprised by how fast gold has gone up? 

Here are the other questions Mike covers during the show. 

What's wrong with silver?

Where is the best place to store your gold?

Do you think the gold is still in the Ft. Knox depository?

Are ETFs a good way to invest in gold and silver?

Do you think the dollar is going to collapse?

How fast do you think they'll roll out central bank digital currency?

Should I invest in gold, or should I invest in silver?

How did you get into precious metals?

If you could wave a magic wand and make the masses understand one thing about economics, what would it be?

What do you think is the biggest thing people in the mainstream miss when it comes to the economy? 

Articles Mentioned in the Show

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Mike Maharrey

About the Author

Mike Maharrey

Mike Maharrey is a journalist and market analyst for Money Metals with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.